Orrick Advises ABN AMRO on Investment in Solarisbank's $224 Million Series D

July.27.2021

We advised ABN AMRO Ventures on its investment in German banking-as-a-service platform Solarisbank's $224 million Series D financing round, valuing Solarisbank at €1.4 billion. Led by Decisive Capital Management, the round also included Pathway Capital Management, CNP (Groupe Frère) and Ilavska Vuillermoz Capital. Existing investors led by yabeo Capital, alongside BBVA, Vulcan Capital and HV Capital, also participated in the round. Including the latest round, Solarisbank has raised more than €350 million since its 2016 founding.

The Orrick team includes Shawn Atkinson, Steve Tallon and Thomas Schmid.